Thank you for calling local 1051's information tape; this is Tuesday December 13, 2005, 2005 President Teoli speaking.
CWA and AT&T have reached a tentative agreement on Sunday Night. The agreement is “tentative” until the members vote on it. details of the agreement are on the web site.
In fact no one will have any change in their benefits for all of 2006. In 2007 there are some additions to our co-pays and deductibles but I don’t think it will create much of a burden on either our active members or retirees.
The pay raise is 3%, 3%, 2.5% and 2.25%. There is no signing bonus . Also everyone will be getting over $1000 in APA payments in January. The Pension increase, which was originally going to be spread over 4 years, we got put into 2 increases 6% in 2006 and 5% in 2008.
On Job Security. The main thing is that we got a plan where the company cannot lay you off until they offer you an available job in AT&T Inc. It does not have to be the same job or the same area but one has to be offered of they can’t lay you off. . All local presidents will be meeting Saturday, December 17th. to review the contract.
Any members can get readout on the national web page. www.cwa-comtech.org
Once again thanks to the bargaining team for doing an excellent job, and thanks to all members for remaining strong and united.
I want to wish everyone a safe and happy holiday season.
Thanks for calling Local 1051 information tape, have a great day.